TJX Companies Inc. is a leading off-price retailer of apparel and home fashions, offering discounted brand-name and designer merchandise. The company operates various retail chains, including T.J. Maxx, Marshalls, HomeGoods, Sierra, and Homesense. TJX was founded in 1956 by Bernard Cammarata as the New England Trading Company in Framingham, Massachusetts, USA.
The company's business model is centered around purchasing merchandise from manufacturers and department stores at a significant discount due to overstocks, canceled orders, or end-of-season items. TJX then sells these products at lower prices than traditional retail stores, attracting value-conscious customers seeking quality products at a bargain.
Over the years, TJX has expanded its footprint and currently operates thousands of stores across the United States, Canada, Europe, and Australia. Their stores offer a diverse range of products, including clothing, footwear, home decor, furniture, and more, attracting a broad customer base.
In addition to its brick-and-mortar stores, TJX has also embraced e-commerce, allowing customers to shop online through its official website. This online presence complements its physical stores and enables the company to reach a broader customer base.
TJX has maintained its position as a leading off-price retailer due to its ability to offer great value to customers and its expertise in identifying and procuring attractive merchandise deals. With its ever-changing inventory and treasure-hunt shopping experience, TJX has become a popular destination for shoppers looking for quality products at discounted prices.